Note that Tesla is close to battery pack costs below $100/kWh, even if they're charging more because they need the cash as they build up profit.
Monday, January 14, 2019
The plunge in battery prices
From Bloomberg NEF (BNEF) Hat tip to The Guardian. A compound rate of decline of 21% per annum--prices have fallen nearly 10 fold over 8 years. If they fall another 10 fold over the next 8, EVs will equal 100% of car sales, and our grids will be primarily renewable.
Note that Tesla is close to battery pack costs below $100/kWh, even if they're charging more because they need the cash as they build up profit.
Note that Tesla is close to battery pack costs below $100/kWh, even if they're charging more because they need the cash as they build up profit.
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